LTTS Q1FY27 Revenue at ₹2,940 Crore, Up 11.5% YoY; Net Profit at ₹352 Crore, Up 17.4%
L&T Technology Services (LTTS) reported Q1FY27 revenue of ₹2,940 crore, up 11.5% YoY, and net profit of ₹352 crore, up 17.4% YoY. EBIT margin improved to 15.7%. The company secured multiple large deals and highlighted strong growth in its Sustainability segment. CEO Amit Chadha expressed confidence in achieving 13-15% CAGR over five years.
The announcement details significant financial performance improvements, strategic partnerships, and positive future outlook, which are material information for investors and stakeholders.
The company reported strong year-on-year growth in both revenue and net profit, along with improved EBIT margins and significant deal wins. The CEO's commentary reflects confidence in future growth prospects.
L&T Technology Services Limited (LTTS) announced its financial results for the first quarter ended June 30, 2026. The company reported a revenue of ₹2,940 crore (INR 29,401 million), marking a year-on-year growth of 11.5% and a sequential growth of 2.9%. The net profit for the quarter stood at ₹352 crore (INR 3,518 million), an increase of 17.4% year-on-year and 1.5% sequentially. The EBIT margin improved to 15.7%, up 200 basis points year-on-year and 50 basis points quarter-on-quarter.
LTTS secured significant deals in the quarter, including one deal above USD 30 million and another above USD 20 million, along with four deals exceeding USD 10 million. The company highlighted strong performance in its Sustainability segment, which maintained double-digit annual growth, and a return to growth in its Mobility segment.
Amit Chadha, CEO & Managing Director, expressed confidence in the company's 'Lakshya 31' agenda, stating that strategic actions are translating into tangible business outcomes. He reiterated the aspiration to achieve a 13-15% CAGR over the next five years while maintaining EBIT margins of 16-17%. The company also expanded its AI ecosystem through strategic partnerships with Anthropic and Databricks, aiming to deliver enhanced Engineering Intelligence solutions.
In terms of patents, LTTS' portfolio reached 1,757, with 1,059 co-authored with clients. The company's employee strength stood at 23,845 as of June 30, 2026. LTTS also received recognition as a 'Leader' in the ISG Provider Lens® Digital Engineering Services 2026 study and was awarded 'Excellence in Mobility Technology Solutions' at the Financial Express Mobility Awards 2026.
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